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2037 S Burnside Ave, Los Angeles, CA 90016

List Price: $1,495,000On Market FlagOn market
Jun 30, 20253,296 sqft7 beds4 baths
Listed by: Aaron Mejia
License #: 01896881
Phone #: 562-413-4717
Christie's International Real Estate SoCal
Source:
CRMLS Logo
MLS #: 25559233

Property Description

Prime Fourplex nestled in the heart of thriving Mid-City, this well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet. Built in 1963, the property offers an ideal unit mix of three spacious two-bedroom units and one one-bedroom unit all featuring in-unit laundry for added tenant convenience.With separate gas and electric meters for each unit, the property allows for simplified management and lower operating costs. A total of eight parking spaces four in the front and four in the rear provide valuable off-street parking, a rare amenity in this high-demand neighborhood.Mid-City is known for its rich architectural character and central location, offering seamless access to major corridors including the 10 Freeway. The neighborhood continues to see year-over-year growth in rental demand, making this an excellent opportunity for investors or owner-users seeking long-term upside.Recent upgrades include a newer roof on the rear structure (completed just 1.5 years ago), and interior renovations to Unit #3. Whether you're expanding your portfolio or searching for a value-add asset with strong fundamentals, this Mid-City fourplex checks all the boxes.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,051

TurboHome Estimated Value

$1,449,200

$440 sqft

High Valuation
$1,521,660
$462/sqft
Normal Valuation
$1,449,200
$440/sqft
Low Valuation
$1,376,740
$418/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$440/sqft$1,449,200

Neighborhood: Mid City

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Comparative Value

$915K

$1.25M

$1.40M

$1.50M

$1.61M

$1.88M

2046 S Burnside Ave, Los Angeles, CA 90016

Sale Price: $915,000

Selected Comparable

1127 S Lucerne Blvd, Los Angeles, CA 90019

Sale Price: $1,250,000

Selected Comparable

1828 S Curson Ave, Los Angeles, CA 90019

Sale Price: $1,400,000

Selected Comparable

2037 S Burnside Ave, Los Angeles, CA 90016

List Price: $1,495,000

Subject Property

1371 Keniston Ave, Los Angeles, CA 90019

Sale Price: $1,610,000

Selected Comparable

1106 S Highland Ave, Los Angeles, CA 90019

Sale Price: $1,875,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2037 S Burnside Ave, Los Angeles, CA 90016

2037 S Burnside Ave, Los Angeles, CA 90016

List: $1,495,000

Listed: 6/30/2025

Area:3,296 sqft
Price/sqft:$454
Beds:7
Baths:4
Year Built:
Lot Size:5,738

Comparable Properties

COMPARABLE
Choose comps
1371 Keniston Ave, Los Angeles, CA 90019

1371 Keniston Ave, Los Angeles, CA 90019

Sale: $1,610,000

7/11/20251.27 mi

Area:3,216 sqft
Price/sqft:$501
Beds:6
Baths:4
Year Built:
Weight:22.1%
2046 S Burnside Ave, Los Angeles, CA 90016

2046 S Burnside Ave, Los Angeles, CA 90016

Sale: $915,000

8/28/20240.04 mi

Area:3,408 sqft
Price/sqft:$268
Beds:8
Baths:4
Year Built:
Weight:21.9%
1127 S Lucerne Blvd, Los Angeles, CA 90019

1127 S Lucerne Blvd, Los Angeles, CA 90019

Sale: $1,250,000

7/21/20251.92 mi

Area:2,748 sqft
Price/sqft:$455
Beds:6
Baths:4
Year Built:
Weight:19.2%
1106 S Highland Ave, Los Angeles, CA 90019

1106 S Highland Ave, Los Angeles, CA 90019

Sale: $1,875,000

9/18/20241.51 mi

Area:3,368 sqft
Price/sqft:$557
Beds:6
Baths:4
Year Built:
Weight:18.8%
1828 S Curson Ave, Los Angeles, CA 90019

1828 S Curson Ave, Los Angeles, CA 90019

Sale: $1,400,000

2/24/20250.31 mi

Area:2,974 sqft
Price/sqft:$471
Beds:6
Baths:5
Year Built:
Weight:18.0%

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